to believe especially on uncertain or tentative grounds; "Scientists supposed that large dinosaurs lived in swamps"
talk over conjecturally, or review in an idle or casual way and with an element of doubt or without sufficient reason to reach a conclusion; "We were speculating whether the President had to resign after the scandal"
invest at a risk; "I bought this house not because I want to live in it but to sell it later at a good price, so I am speculating"
a spot that is open late at night and that provides entertainment (as singers or dancers) as well as dancing and food and drink; "don't expect a good meal at a cabaret"; "the gossip columnist got his information by visiting nightclubs every night"; "he played the drums at a jazz club"